Search

Corporate

Nigeria’s Central Bank Halts Access Bank’s $100M Takeover of National Bank of Kenya

2 min Read Time

April 15, 2025 – Nairobi/Abuja — The Central Bank of Nigeria (CBN) has thrown a wrench into Access Bank’s bid to acquire 100% of the National Bank of Kenya (NBK), demanding that the lender divest from its operations in the Democratic Republic of Congo (DRC) before the $100 million deal can proceed. Th.......

This Article is Locked!

Experience exclusive content for free! We’re unlocking all features for new members, but this access won’t last forever. Don’t miss your chance—secure your spot now!



Related Articles

Read article
Treasury Approves UoN’s Sh6 bn Hostels Project Under PPP Model
Corporate

Treasury Approves UoN’s Sh6 bn Hostels Project Under PPP Model

NAIROBI, Kenya – The University of Nairobi (UoN) has secured the green light from the National Treasury to develop 4,000 student hostel beds under a...

Read article
Fuel Prices Drop Slightly in Kenya, But Consumer Discontent Persists
Corporate

Fuel Prices Drop Slightly in Kenya, But Consumer Discontent Persists

The Energy and Petroleum Regulatory Authority (EPRA) has announced a modest drop in fuel prices for the pricing cycle running from April 15 to May...

Read article
Thorns in the Roses: Kenya’s cut flowers market blossoms but there are serious emerging challenges
Corporate

Thorns in the Roses: Kenya’s cut flowers market blossoms but there are serious emerging challenges

Kenya’s flower farming sector remains a blooming pillar of the economy, showcasing resilience and innovation even as it contends with mounting global and domestic pressures....

Read article
Suspect Detained in Sh49 mn JamboPay Cyber Heist
Corporate

Suspect Detained in Sh49 mn JamboPay Cyber Heist

Police have detained a suspect in connection with the hacking of JamboPay, a major digital payment platform in Kenya, that led to the illegal transfer...

Read article
Kenya Revokes License of Chinese-Owned Tobacco Importer Over Regulatory Breaches
Corporate

Kenya Revokes License of Chinese-Owned Tobacco Importer Over Regulatory Breaches

The Kenyan Ministry of Health has revoked the operational license of Shapo Trading Ltd, a Chinese-owned cigarette importer headquartered along Mombasa Road in Nairobi, citing...

Read article
Kenya’s Health Ministry Seals Digital and Telemedicine Health Deal with 47 Counties
Corporate

Kenya’s Health Ministry Seals Digital and Telemedicine Health Deal with 47 Counties

The Ministry of Health has signed a landmark agreement with all 47 county governments to accelerate the digitization of Kenya’s public health system. Under the...